Manufacturing

Commerce & Industry Minister, Suresh Prabhu, has announced the setting up of a fast track, single-window mechanism for Russian companies to be helmed by Secretary, Department of Industrial Policy and Promotion (DIPP).

India has signed a US$5 billion deal to procure the S-400 “Triumf” air-defence missile system from Russia, reaffirming defence ties between the two countries.

Minister of Road Transport and Highways Development, Nitin Gadkari has urged the Chemicals and Petrochemicals industry to look at ways to promote import substitution.

Indian exports hold a promising outlook on the US market which accounted for 16% of US$303 billion shipped in 2017-18, according to an industry paper.

Cobham plc, the UK's third biggest defence company, is furthering its business relations with the Indian defence sector.

Commerce and Industry Minister Suresh Prabhu has urged the ministries to work on tapping the opportunities with regional countries as there is huge potential to increase India’s exports.

Deep Secure, the Content Threat Removal company, demonstrated its range of products at the cyber week in Singapore to prospective clients in Asia, including India.

The Prime Minister Narendra Modi said the effect of increased use of renewable energy is now visible in India which is working towards goals of the Paris Agreement through an action plan.

New technology: Industry 4.0, will bring in substantial reduction in capital investments and Indian Industries needs to leverage it to remain globally competitive.

In a bid to give a fillip to industry and an impetus to trade and industry, the government is expected to announce a new industrial policy soon.